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103 - 105 Anston Avenue, Worksop, S81 7JF



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Guide price

£110,000+


Property Type

Mixed Use

Bedrooms

1


Key Features

  • Freehold mixed use investment opportunity producing £15,600 pa
  • Comprises Café/shop at ground floor and one bedroom self contained flat at first floor
  • Large yard off Stanley Street ideal for residential development STP

Part of the 10 December 2020 auction
at 2.30PM

Freehold mixed use investment property to the north of Worksop Town Centre comprising ground floor shop/café and first floor flat. Fully let and producing £15,600 pa

  • Freehold mixed use investment property
  • Corner position on Anston Avenue and Stanley Street
  • Close to 2 large schools
  • GF - café/shop trading as Smithy's let to 2023
  • Let on a 6 year lease at £10,800 pa
  • GF - Café, Shop, kitchen, staff w/c and basement
  • Total floor area circa 1,207 sq ft
  • Large yard to the rear/side currently under demise of café
  • Separate access to large yard off Stanley Street
  • Yard would suit further residential development STP
  • Possibility to develop 2 x maisonette's STP
  • Self contained access off Anston Avenue to the flat
  • GF entrance up to first floor flat let on AST at £400 pcm
  • FF Flat - Lounge, bathroom, double bedroom, fitted kitchen
  • Gas central heating, mains drains, electric and water throughout
  • Ideal opportunity for investors and developers

Please contact Auction Estates on 0115 7844 600

Fees

A buyer's premium of £1,440 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased. The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.

Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

Conditions of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Freehold subject to: Lease of ground floor café/shop for 6 year lease from 2017 at a rent of £10,800 pa 6 month AST of first floor flat at a rent of £4,800 pa

Email: pbullen@paulbullen.co.uk
Telephone: 01302 819 000

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